Middle East Economic Survey


No 23


MEES Agenda

Saudi Banks Concerned By Troubled Domestic Conglomerates

The Saudi Arabian Monetary Agencys (SAMAs) stringent regulations have prevented Saudi banks from making the types of risky investments that have plunged many other lenders across the globe into the red. However, many Saudi Arabian bankers are now concerned by the sectors exposure to a couple of large, privately-owned domestic conglomerates that have run into trouble during the...